TY  - JOUR
AU  - Wicker, Pamela
A2  - Wicker, Pamela
A2  - Feiler, Svenja
A2  - Breuer, Christoph
DB  - BISp
DP  - BISp
KW  - Bundesrepublik Deutschland
KW  - Einkommen
KW  - Finanzierung
KW  - Gemeinnützigkeit
KW  - Kontingenz
KW  - Soziologie
KW  - Sportsoziologie
KW  - Sportverein
KW  - Sportökonomie
KW  - Theorie
LA  - eng
TI  - Organizational mission and revenue diversification among non-profit sports clubs
TT  - Organisatorischer Auftrag und Einnahmendiversifizierung bei gemeinnützigen Sportvereinen
PY  - 2013
N2  - The beneficial effects of diversified income portfolios are well documented in previous research on non-profit organizations. This study examines how different types of organizational missions affect the level of revenue diversification of organizations in one industry, a question that was neglected in previous research. Based on contingency theory, it is assumed that different missions are associated with different funding sources. Since missions can be complementary or conflicting, specific attention needs to be paid to the combination of missions. The sport sector is chosen as an empirical setting because non-profit sports clubs can have various missions while their overall purpose is promoting sport. Panel data from a nationwide survey of non-profit sports clubs in Germany are used for the analysis. The regression results show that revenue diversification is significantly determined by organizational mission. Historically, typical mission statements like promoting elite sport, tradition, conviviality, non-sport programs, and youth sport have a positive effect on revenue diversification, while clubs with a commercial orientation and a focus on leisure and health sport have more concentrated revenues. The findings have implications for club management in the sense that some missions are associated with higher financial risk and that the combination of missions should be chosen carefully.   Verf.-Referat
L2  - http://www.mdpi.com/2227-7072/1/4/119/pdf
L2  - https://dx.doi.org/10.3390/ijfs1040119
DO  - 10.3390/ijfs1040119
SP  - S. 119-136
SN  - 2227-7072
JO  - International journal of financial studies
IS  - 4
VL  - 1
M3  - Elektronische Ressource (online)
M3  - Gedruckte Ressource
ID  - PU201407006684
ER  -